Necessity is the mother of invention. The saying once again proved true.
At a time when the price of fuel is skyrocketing and people are exploring options to cut fuel costs, two NITians – Anurag Mishra and Bikram Das – have found a solution. It is not an electric bicycle but an electric bicycle.
After graduating from the National Institute of Technology (NIT), Rourkela in 2016, the two friends decided to do something, instead of chasing jobs. Seeing people complaining about the rising price of fuel and the increasing level of pollution, they thought they should do their part to solve the problem to some extent. It was then that the idea of making an electric bike came to mind.
After a first brainstorm, the friends embarked on their mission. Today, they have become entrepreneurs after starting a business, Yeshino Private Ltd. In this way, they not only turned their thinking into reality, but also provided jobs for 20 people in need, including women, who work directly or indirectly for the company.
“With the alarming situation of air pollution and fuel prices reaching new heights, we have the only option to switch to e-bikes and e-bikes. We engineering students had thought of finding a way out. And the result is an electric cycle, ”said Bikram, Managing Director of Yeshino Energy Private Ltd.
“As we are from middle class families, we can very well understand how the rising price of fuel affects these families. Those who cannot afford an electric bicycle can purchase an electric bicycle. The price of their cycles is between Rs 18,000 and Rs 35,000. The money invested will be covered in just six months, ”he added.
Bikram also pointed out that it had been a tedious journey for the students to get to their schools paddling the entire distance with heavy bags on their backs.
“Our electric bike will make a huge difference. This will not only eliminate their work, but also minimize accidents. It is most often observed that minors on two wheels are confronted with accidents. Parents can buy these electric bikes for their children, ”he added.
He said he takes care of the manufacturing section while his friend takes care of business. “We have already covered 12 to 13 districts of Odisha. That aside, our cycles are also sold in Ranchi, Jamshedpur and parts of Gujarat. So far we have sold around 600-700 cycles. We hope to cover the whole country, with the aim of enabling everyone to switch to bicycles and e-bikes. We are thinking of making e-bikes and e-bikes incorporating solar panels, ”Das observed.
They give a one-year warranty on their products with after-sales service provisions. He admitted that what they are today is due to the wholehearted support of NIT’s Foundation for Technology and Business Incubation (FTBI). “They provided us with funds as well as offices,” he laughs.
The friends plan to produce electric bicycles and electric vehicles, with a pan-Indian presence.